Moody's Downgrades Nokia To Junk Status

LAPTOP MagazineAmazon may be working on a smartphone with hologram-like 3DComputerworldComputerworld - Amazon is reportedly developing a smartphone that sports a 3D screen that relies on retina-tracking technology to make images seem to float above the screen like a hologram. With the smartphone, users would be able to navigate through Amazon.com developing two smartphones, including one with a 3D screen: ReportExaminer.comAmazon Working On A 3-D Smartphone, Other HardwareMacgasmAmazon Building New 3-D Smartphone, Sources SayHeadlines & Global NewsTechCrunch -PC Magazine -CITEworldall 55 news articles »

Will Bourne and Jessica Lustig are exiting because they say were instructed to cut five positions on the 20-person staff.    

Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing "continued pressure" on foreign reserves.    

According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture.According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. The deal would give Microsoft Barnes & Noble's e-books, homegrown games and of course its Nook e-readers and tablets. But perhaps not for long: Nook plans to discontinue its Android-based tablet business by the end of 2014, according to the documents. Instead, the company will transition to having Nook content available solely on third-party devices, perhaps ones made by Microsoft, if the purchase goes through.

Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up.